Sichuan Xichang Electric Power Co.,Ltd. Posted 82.3 Million Yuan Net Loss in First Half of 2023

Sichuan Xichang Electric Power Co.,Ltd. (四川西昌电力股份有限公司) (600505.SH) reported a net loss of 82.3 million yuan in the first half of 2023, reversing a net profit of 12.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 669.5 million yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 70.7%.